CFPB Asks SCOTUS to Uphold Constitutionality of Funding
CFPB Asks SCOTUS to Uphold Constitutionality of Funding Last week, the Consumer Financial Protection Bureau (CFPB) filed a petition asking the U.S. Supreme Court to undo a ruling by the Fifth Circuit Court of Appeals that determined the Bureau’s funding structure was...
Banks Tightening Underwriting Standards, Making it More Difficult for Consumers and Businesses to Access Credit
Banks Tightening Underwriting Standards, Making it More Difficult for Consumers and Businesses to Access Credit The Federal Reserve recently released a survey of banks’ senior loan officers which found that lenders made it more difficult for consumers and businesses...
White House Announces Intent to Nominate Gruenberg as FDIC Chair
White House Announces Intent to Nominate Gruenberg as FDIC Chair On Monday, President Joe Biden announced his intent to nominate Martin Gruenberg to be chairman of the Federal Deposit Insurance Corp. (FDIC). Gruenberg has been acting chairman of the agency since...
